Abstract

Development corridors have become a key tool of economic policy in the Global South. Yet, it appears that many of these mega-projects already fail at the stage of implementation. The article deals with three problems that corridors face. Corresponding ideas are drawn from existing literature, and confirmed and expanded against the backdrop of a case study on the Bioceanic Corridor, which connects the central west of Brazil via Paraguay and Argentina to the north of Chile. First, there is a tendency to focus on opportunities and neglect challenges. Corridors often reflect unrealistic grand visions for the future. Second, these initiatives depend on territorial rescaling to sub- and supranational levels, but national governments bundle too much power. Third, being a means to facilitate integration into global value chains, corridors provoke disputes over gains. Each country–and even subnational entities–strives to maximise its benefits at the expense of others.